Menu



error This forum is not active, and new posts may not be made in it.
Trina Sonnenberg

1049
784 Posts
784
Invite Me as a Friend
Person Of The Week
How to Buy a President
11/26/2008 9:34:24 AM
How and Why the Bush Administration Let This Country's Economy Collapse
Trina L.C. Sonnenberg


Why is it that the economy is in the toilet, and the banks get bailouts while people continue to lose their homes? Well, could it be that the Bush administration was bought by those who were bailed out? The answer is Yes!

During the Bush administration, credit card companies and other lenders were allowed to jack interest rates on their customers, without warning or just cause. Why? Because the white house let them. These creditors were also given cart blanche for creative fee schedules too. Have you noticed that late fees have doubled in the last eight years, as have the over the limit fees charged by credit card companies. Citi Residential actually charges customers as much as $20.00 to make their paperless payments online, or over the telephone. Have you also noticed that interest rates on credit cards, if a single payment is missed, or late, can go as high as 31%?

Are these corporate giants being held accountable for their mismanagement? Nope!

Is it any wonder that American families are broke?

So why has the government allowed this to happen? I'll tell you why...

According to Kevin Trudeau, in his book, 'Debt Cures They Don't Want You to Know About,' These credit companies and banks bought the white house, starting in 2000.

"Credit card banks were top contributors to President Bush's 2000 election campaign. MBNA ranked #1, the largest donor; Citi Group, #10 and Bank of America, #13. MBNA president personally gave $100,000 to the Bush fund. MBNA dropped to #6 for the 2004 Bush campaign, but gave more money - more than $350,000."

Kevin goes on to state that credit card companies spend $5 billion annually to market credit cards to us consumers. They wouldn't spend that much if they weren't making money hand over fist, now would they.

What banks have recently been bailed out by presidential signature? Hmmmm, let's see... Bank of America, and Citi Corp. are the fist two that come to mind. Now you know why Bush was so hot for congress to pass the bail out bill. He owed his supporters in the corporate world, and paid them back BIG TIME.

Now these banks get big bucks in the bail out, yet they're continuing to screw the American tax payer with obscene fees and interest rates. That is your tax dollars at work. They get your tax dollars and are still permitted to put the screws to you in order to get their million dollar paychecks.

Can you say reverse kickbacks? President Bush and all of his cronies should be jailed and stripped of their administrative pay and benefits to pay back the American people for the money they've given to Corporate America. And let's not forget the war profiteering that's been going on within this administration. Clearly this administration has been all about the Almighty Dollar - taking it from you and me and stuffing it into their own greedy pockets.

What really makes me sick is the fact that Bush, Cheney and others will continue, until they die, to draw their administrative salaries and receive secret service protection, at our expense.

This is not government for the people... It is government for Corporate America - the cry babies who may not get their multi-million dollar Christmas bonuses. I say, stimulate the economy by giving money to those who spend it - THE CONSUMER! Not to those who consume the hard working people of this country.

So there you have it... How to buy a president; a government.

Copyright © 2008
The Trii-Zine Ezine
http://www.ezines1.com/triizine

About the Author:
Trina L.C. Sonnenberg
Publisher - The Trii-Zine Ezine - Your Trusted Source for Internet Business and Marketing Information. EST 2001. ISSN# 1555-2276


Author of: My Journey A Lifetime of Verse, ISBN: 978-0-61516405-2
Co-Owner: Internet Marketing Mavens
http://internetmarketing-mavens.com
Keywords: profiteering, government bail outs, tax dollars, corporate America, credit industry, banks, interest rates


Trina L.C. Sonnenberg Freelance Commercial Writer TLC Promotions & The Trii-Zine Ezine ISSN 1555-2276 http://www.tlcpromotions.net http://trii-zine.com http://FAA.tlcpromotions.net
+0
Jim
Jim Allen

5805
11253 Posts
11253
Invite Me as a Friend
Top 25 Poster
Person Of The Week
Re: How to Buy a President
11/26/2008 10:25:57 AM

Hello Trina,

You keep falling for the rhetoric, and drinking the Kool-Aid.  This issue was born during the first Bush admin, propagated by the Clinton years, and the Democratic lead congress of the last two years.  Pelosi, Reid, Franks were all players in this game.  GWB is by no means innocent but he and many other Republicans and Moderate Democrats tried to place controls on the system you are so tragically caught up in.  Now how many homes are you underwater in?

Many of us don't even have one and we are going to bail you out.  Real fair isn't it?

Jim

May Wisdom and the knowledge you gained go with you,



Jim Allen III
Skype: JAllen3D
Everything You Need For Online Success


+0
Geketa Holman

858
2080 Posts
2080
Invite Me as a Friend
Top 100 Poster
Person Of The Week
Re: How to Buy a President
11/26/2008 10:39:21 AM
Hi Trina,
I thought I might bring some light to your plight here is something you should be considering !

There are people out there that just don't understand...  The problem is A DEMOCRATIC CONGRESS!! Read it again!! These are FACTS...The reason they do it is for nothing else than Politics, not for the good of our country or for you or me. Their votes can bring down a good man or a fantastic President. The congress, now, are people, voted in for a change. Who did that? Do you know? I sure do not..GOD BLESS AMERICA

Here are the FACTS:

TO ALL MY FRIENDS....LIBERAL OR CONSERVATIVE...FYI only.
 
George Bush has been in office for 7 1/2 years.  The first six the economy was fine.
A little over one year ago:
           1) Consumer confidence stood at a 2 1/2 year high;
           2) Regular gasoline sold for $2.19 a gallon;
           3) the unemployment rate was 4.5%. 

               
4) the DOW JONES hit a record high--14,000 + 
               
5) American's were buying new cars,taking cruises, vacations overseas, living large!...
 
But American's wanted 'CHANGE'!  So, in 2006 they voted in a Democratic Congress and yes--we got 'CHANGE' all right. In the PAST YEAR: 
            1) Consumer confidence has plummeted;
            2) Gasoline is now over $4 a gallon & climbing!;
these figures have since declined and oil is only around $50.00 a barrel
            3) Unemployment is up to 5.5% (a 10% increase);

            4) Americans have seen their home equity drop by $12 TRILLION DOLLARS and prices still dropping;
             5) 1% of American homes are in foreclosure. this is much higher now too
             6) as I write, THE DOW is probing another low~~
its like a yo yo up one day down the next
                $2.5 TRILLION DOLLARS HAS EVAPORATED FROM THEIR STOCKS, BONDS & MUTUAL FUNDS INVESTMENT PORTFOLIOS!
                 
YES, IN 2006 AMERICA VOTED FOR CHANGE...AND WE SURE GOT IT!  ....
 
REMEMBER THE PRESIDENT HAS NO CONTROL OVER ANY OF THESE ISSUES, ONLY CONGRESS.
 
AND WHAT HAS CONGRESS DONE IN THE LAST TWO YEARS, ABSOLUTELY NOTHING.
 
NOW THE Newly Elected DEMOCRATIC  PRESIDENT CLAIMS HE IS GOING TO REALLY GIVE US CHANGE ALONG WITH A DEMOCRATIC CONGRESS!!!!
 
JUST HOW MUCH MORE 'CHANGE' DO YOU THINK YOU CAN STAND?
Sincerely ,
Geketa

 


Hear, O Israel the L-rd our G-d,the L-rd is one http://www.DHGBoutique.com
+0
Nick Sym

4679
23156 Posts
23156
Invite Me as a Friend
Top 25 Poster
Person Of The Week
Re: How to Buy a President
11/26/2008 3:12:25 PM
Breast Cancer Awareness On My Site! http://www.freewebs.com/nicksym Free exposure that works http://www.webbizinsider.com/Home.asp?RID=55242
+0
Trina Sonnenberg

1049
784 Posts
784
Invite Me as a Friend
Person Of The Week
Re: How to Buy a President
11/27/2008 6:34:23 AM
No one is bailing me out Jim. That's the crux of it. My tax dollars went to bail out the bank that wants to foreclose on me, and they won't work with me to avoid foreclosure. Not that it is any of your concern, but I have two homes, one I live in and one that we've been building since 2005. We bought the second to make a home that was ADA accessible for my disabled mother, who lives with me, and to get away from the hateful people who live next door to us. The second house is not ready to be lived in yet. We hold mortgages on both places, which we were totally capable of paying until the housing crash put my husband out of work, and the hateful people next door to us began libeling me online. The plan was to build a place that was more accommodating for my family, namely my mother, and sell the house we live in. Getting away from these hateful people would go a long way towards peace and happiness for all of us. My mother has been waiting for the last five years to have her knees replaced, because our current home would not allow her to use a wheelchair for her recovery period. Our new home has been designed, by my husband, to accommodate a wheelchair, and all other handicapped amenities, such as her having her own bathroom with grab bars and room for a wheelchair. For the last five years she's had the alcove at the bottom of the stairs as a bedroom, with no door for privacy and has been sharing the one and only bathroom with the rest of us. My mother is quite the trooper, if you ask me. So, before you go passing judgment on me, Jim, you should get all the facts. If the government would not have given the banking industry free reign to do whatever they wanted with our money, we, as a country, would not be in this situation.
Trina L.C. Sonnenberg Freelance Commercial Writer TLC Promotions & The Trii-Zine Ezine ISSN 1555-2276 http://www.tlcpromotions.net http://trii-zine.com http://FAA.tlcpromotions.net
+0


facebook
Like us on Facebook!